Climate change has become an increasing global concern, where more frequent, long
lasting and severe weather extremes affect water resources around the world. Freshwater …

We consider firms facing the risk of natural disasters and study their problem of investing in
mitigation if financial insurance is not available. The firms' problem is to choose the optimal …

Valuation of adaptation options is crucial to appropriate adaptation decision-making. A
range of valuation methods are available, including cost-benefit analysis, cost effectiveness …